SIREN – Decentralized Options For Sophisticated TradersRead on the DeFi Pulse Blog

Total Value Locked (USD)

$40.74B

Maker Dominance

15.67%

DeFi Pulse Index

442.00
+9.91
(+2.29%)

Available fromIndexCoop

Total Value Locked (USD) in DeFi

  • TVL (USD)
  • ETH
  • BTC
  • All
  • 1 Year
  • 90 Day
  • 30 Day
defipulse chart
DeFi Pulse Farmer Newsletter Link
Lending
DEXes
Derivatives
Payments
Assets
defipulse small logoNameChainCategory1 Day %
🏆
1.
Maker
Ethereum
Lending
$6.38B
3.13%
🥈
2.
Compound
Ethereum
Lending
$5.21B
4.20%
🥉
3.
Aave
Ethereum
Lending
$5.07B
4.32%
4.
Curve Finance
Ethereum
DEXes
$4.07B
3.13%
5.
Uniswap
Ethereum
DEXes
$3.81B
2.60%
6.
SushiSwap
Ethereum
DEXes
$3.32B
4.72%
7.
Synthetix
Ethereum
Derivatives
$2.72B
6.59%
8.
1inch Liquidity Protocol
Ethereum
DEXes
$1.63B
3.60%
9.
Badger DAO
Ethereum
Assets
$1.46B
3.81%
10.
Balancer
Ethereum
DEXes
$1.42B
4.23%
11.
RenVM
Ethereum
Assets
$1.08B
3.95%
12.
Bancor
Ethereum
DEXes
$1.07B
7.64%
13.
InstaDApp
Ethereum
Lending
$1.04B
-1.04%
14.
Alpha Homora
Ethereum
Lending
$792.7M
4.48%
15.
Flexa
Ethereum
Payments
$468.1M
-3.21%
16.
Harvest Finance
Ethereum
Assets
$429.3M
2.43%
17.
Vesper
Ethereum
Assets
$388.4M
7.46%
18.
yearn.finance
Ethereum
Assets
$322.1M
1.71%
19.
Nexus Mutual
Ethereum
Derivatives
$261.0M
2.16%
20.
dYdX
Ethereum
Lending
$258.3M
0.23%
21.
KEEP Network
Ethereum
Assets
$227.1M
3.12%
22.
Loopring
Ethereum
DEXes
$205.8M
-0.17%
23.
Set Protocol
Ethereum
Assets
$175.6M
3.30%
24.
C.R.E.A.M. Finance
Ethereum
Lending
$169.7M
-7.85%
25.
Idle Finance
Ethereum
Lending
$126.3M
1.86%
26.
Index Coop
Ethereum
Assets
$126.1M
3.30%
27.
Matic Network
Ethereum
Payments
$120.3M
10.38%
28.
cvault.finance
Ethereum
Assets
$72.8M
2.73%
29.
HEGIC
Ethereum
Derivatives
$61.2M
2.77%
30.
Lightning Network
Bitcoin
Payments
$56.6M
4.69%
31.
DODO
Ethereum
DEXes
$55.2M
3.80%
32.
TrueFi
Ethereum
Lending
$55.1M
0.92%
33.
LINKSWAP
Ethereum
DEXes
$54.0M
4.45%
34.
mStable
Ethereum
Assets
$46.1M
-0.33%
35.
dForce
Ethereum
Assets
$44.2M
0.72%
36.
DeFi Swap
Ethereum
DEXes
$43.9M
2.94%
37.
DerivaDEX
Ethereum
Derivatives
$41.9M
-0.60%
38.
Metronome
Ethereum
Assets
$39.6M
2.70%
39.
Futureswap
Ethereum
Derivatives
$33.9M
1.98%
40.
bZx
Ethereum
Lending
$30.6M
4.55%
41.
B.Protocol
Ethereum
Lending
$29.4M
2.36%
42.
xDai
Ethereum
Payments
$27.1M
4.69%
43.
88mph
Ethereum
Lending
$25.8M
1.06%
44.
PowerIndex
Ethereum
DEXes
$22.4M
2.65%
45.
Pickle Finance
Ethereum
Assets
$21.4M
2.75%
46.
dHEDGE
Ethereum
Assets
$19.7M
0.44%
47.
Gnosis
Ethereum
DEXes
$18.2M
0.66%
48.
Notional
Ethereum
Lending
$16.6M
1.94%
49.
Swerve Finance
Ethereum
DEXes
$15.9M
2.71%
50.
Kyber
Ethereum
DEXes
$13.6M
4.98%
51.
DeversiFi
Ethereum
DEXes
$12.3M
2.35%
52.
ForTube
Ethereum
Lending
$10.5M
1.67%
53.
Enzyme Finance
Ethereum
Assets
$10.3M
3.80%
54.
Value DeFi
Ethereum
Assets
$9.9M
2.64%
55.
Cover Protocol
Ethereum
Derivatives
$9.8M
2.20%
56.
QIAN
Ethereum
Lending
$9.0M
2.32%
57.
Erasure
Ethereum
Derivatives
$8.6M
4.13%
58.
Siren
Ethereum
Derivatives
$8.4M
-0.54%
59.
Opium Network
Ethereum
Derivatives
$8.1M
-0.20%
60.
Opyn
Ethereum
Derivatives
$8.1M
31.22%
61.
DDEX
Ethereum
Lending
$7.1M
1.58%
62.
Value Liquid
Ethereum
DEXes
$6.0M
0.12%
63.
S Finance
Ethereum
DEXes
$4.6M
1.52%
64.
PieDAO
Ethereum
Assets
$4.4M
3.11%
65.
DEXTF
Ethereum
Assets
$3.2M
-2.35%
66.
Augur
Ethereum
Derivatives
$2.4M
2.79%
67.
MCDEX
Ethereum
Derivatives
$2.3M
-11.93%
68.
C.R.E.A.M. Swap
Ethereum
DEXes
$1.9M
4.63%
69.
RAY
Ethereum
Lending
$982.4K
-0.18%
70.
DFI.money
Ethereum
Assets
$953.7K
1.32%
71.
DeFiner
Ethereum
Lending
$895.2K
1.45%
72.
PerlinX
Ethereum
Derivatives
$842.7K
7.17%
73.
PEAKDEFI
Ethereum
Assets
$513.9K
1.97%
74.
Auctus
Ethereum
Derivatives
$226.5K
2.26%
75.
UniTrade
Ethereum
DEXes
$96.3K
7.33%
76.
Connext
Ethereum
Payments
$12.8K
-0.09%

What is DeFi?

DeFi is an abbreviation of the phrase decentralized finance which generally refers to digital assets and financial smart contracts, protocols, and decentralized applications (DApps), most of which are built on Ethereum. In simpler terms, it's financial software built on the blockchain that can be pieced together like Money Legos. Read more about DeFi.

What’s the purpose of DeFi Pulse?

DeFi Pulse is a site where you can find the latest analytics and rankings of DeFi protocols. Our rankings track the total value locked into the smart contracts of popular DeFi applications and protocols. Additionally, we curate The DeFi List, a collection of the best resources in DeFi, and DeFi Pulse Farmer, a newsletter covering the latest news and opportunities in DeFi.

How do we calculate total value locked (TVL)?

DeFi Pulse monitors each protocol’s underlying smart contracts on the Ethereum blockchain. Every hour, we refresh our charts by pulling the total balance of Ether (ETH) and ERC-20 tokens held by these smart contracts. TVL(USD) is calculated by taking these balances and multiplying them by their price in USD. You can view the open source project adapters that power our metrics here.

How do I get involved in DeFi?

Decentralized finance is open for anyone to take part in. You can start by exploring the resources found on The DeFi List. Stay informed on the latest news and opportunities in DeFi by subscribing to the DeFi Pulse Farmer newsletter. And if you’re looking to dive head first into the world of DeFi, we’ve written a beginner’s guide called Zero to DeFi. It will teach you the basics, guiding you through how to start earning passive income via DeFi lending services.

How do I get my project listed on DeFi Pulse?

Check out this step by step guide on how projects can partner with DeFi Pulse to join the DeFi Pulse Leaderboard.